Day: 13 May 2024

Crackdown on water firms sees millions invested into local action

Stuart Mitchell

Up to £11 million in water company fines and penalties will be reinvested back into a new Water Restoration Fund (WRF), Environment Secretary Steve Barclay announced in April.  All water company environmental fines and penalties since April 2022 have been ringfenced to directly improve the water environment. The Water Restoration Fund will offer grant funding on a competitive basis to support local groups, farmers and landowners and community-led schemes, bolstering their capacity and capabilities for on-the-ground projects to improve the water environment. This could include activities that improve biodiversity and…

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Rock Rail, UK Infrastructure Bank and Aviva launch £100m funding for bus leasing platform ‘Rock Road’

Stuart Mitchell

Rock Rail, the UK Infrastructure Bank and Aviva, through its in-house capital unit Aviva Capital Partners, have formed a partnership to provide a new funding platform for zero emission bus financier ‘Rock Road’. The partnership, alongside a debt facility from UK Infrastructure Bank and HSBC UK, is committing an initial £100m to fund up to 250 zero emission buses and associated infrastructure. Rock Road offers a finance solution for UK bus operators and public transport authorities to decarbonise their fleet, while minimising capital outlay and outsourcing key ownership risks around…

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British solar heat leader signs deal to manufacture products in the US

Stuart Mitchell

British solar thermal innovator Naked Energy has signed a manufacturing contract with ELM Solar of ELM Companies, an American Utility Services and Renewable Energy Technology provider.  ELM Companies has invested $3 million into the facility and equipment to manufacture the Virtu product range. The expansion of ELM Solar and ELM Microgrid in Dallas is expected to generate 150 renewable energy jobs.   Naked Energy is expecting manufacturing for all North American projects to be handled entirely in the US by 2025 minimising reliance on foreign supply chains for its customer base…

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Margaret Calvert To Receive Type Directors Club’s Prestigious TDC Medal

Stuart Mitchell

The Type Directors Club, the world’s leading typography organization, announced Margaret Calvert OBE RDI as this year’s recipient of its highest honor, the prestigious TDC Medal. First awarded to Hermann Zapf in 1967, the TDC Medal recognizes individuals who have made outstanding contributions to the field of typography.  The honor represents TDC’s collective gratitude to those who, by their work and talent, have demonstrated the value of typography in communication, community, and culture.  The list of past TDC Medalists can be viewed here.   Calvert is best known for her…

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Cannes Lions announces 2024 Awarding Jury members, with the highest-ever number of markets represented

Stuart Mitchell

Cannes Lions has revealed the line-up of global experts selected to award the world’s very best creative and effective work and benchmark excellence this June. Work from across the globe will be judged, awarded and celebrated during the Cannes Lions International Festival of Creativity, running from 17 to 21 June 2024. The Awarding Jury represents the global industry’s leading talent from a diverse range of disciplines, from across 54 markets – the highest number of markets ever represented on the Awarding Jury. Simon Cook, CEO, LIONS, said: “We’re delighted to…

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